Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Summary of Compensation Expense

The following table summarizes the compensation expense included in selling, general and administrative expenses in the Consolidated Statements of Earnings (Loss) related to stock-based compensation plans:

	Years Ended December 31,
	2022		2021		2020
Service-Based RSUs	$	2,834	$	2,714	$	2,601
Performance-Based RSUs		4,469		3,113		539
Cash-settled awards		423		278		277
Total	$	7,726	$	6,105	$	3,417
Income tax benefit		1,777		1,404		786
Net	$	5,949	$	4,701	$	2,631

Summary of Unrecognized Compensation Expense related to Non-Vested RSUs

The following table summarizes the unrecognized compensation expense related to non-vested RSUs by type and the weighted-average period in which the expense is to be recognized:

	Unrecognized compensation expense at December 31, 2022		Weighted- average period
Service-Based RSUs	$	2,003	1.26
Performance-Based RSUs		4,501	1.69
Total	$	6,504	1.56

Summary of Status of Plans

The following table summarizes the status of these plans as of December 31, 2022:

	2018 Plan		2014 Plan		2009 Plan		2004 Plan		Directors' Plan
Awards originally available to be granted		2,500,000		1,500,000		3,400,000		6,500,000	N/A
Performance stock options outstanding		—		—		—		—		—
Maximum potential RSU and cash settled    awards outstanding		724,769		35,100		30,000		14,545		4,722
Maximum potential awards outstanding		724,769		35,100		30,000		14,545		4,722
RSUs and cash settled awards vested and    released		251,360		—		—		—		—
Awards available to be granted		1,523,871		—		—		—		—

Summary of RSU Activity

A summary of RSU activity for the year ended December 31, 2022 is presented below:

	Units			Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at January 1, 2022		283,216		$	24.91
Granted		86,624			35.38
Released		(79,563	)		26.78
Forfeited		(8,153	)		30.46
Outstanding at December 31, 2022		282,124		$	27.44		17.79	$	11,069
Releasable at December 31, 2022		135,467		$	20.73		30.35	$	5,340

Schedule of Weighted Average Grant Date Fair Value and Intrinsic Value of RSU's

	Years Ended December 31,
	2022		2021		2020
Weighted-average grant date fair value	$	35.38	$	33.81	$	27.94
Intrinsic value of RSUs released	$	2,794	$	5,408	$	2,503

Summary of Non-vested RSU Activity

A summary of non-vested RSU activity for the year ended December 31, 2022 is presented below:

	RSUs			Weighted Average Grant Date Fair Value
Nonvested at January 1, 2022		150,549		$	31.42
Granted		86,624			35.38
Vested		(82,363	)		31.73
Forfeited		(8,153	)		30.46
Nonvested at December 31, 2022		146,657		$	33.64

Schedule of Performance-Based RSUs

A summary of PSU activity for the year ended December 31, 2022 is presented below:

	Units			Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at January 1, 2022		237,767		$	31.35
Granted		84,852			37.15
Added by performance factor		5,136			29.50
Released		(51,848	)		30.64
Forfeited		(15,601	)		31.83
Outstanding at December 31, 2022		260,306		$	33.30		1.84	$	10,261
Releasable at December 31, 2022		—		$	—			$	—

Schedule of Performance Awards Outstanding

The following table summarizes each grant of performance awards outstanding at December 31, 2022:

Description	Grant Date	Vesting Year	Vesting Dependency	Target Units  Outstanding		Maximum Number of Units to be Granted
2020 - 2022 QTI Performance RSUs	September 24, 2019	2022	50% EBITDA growth, 50% Sales growth		1,750		3,500
2020 - 2022 Performance RSUs	February 6, 2020	2022	25% RTSR, 40% sales growth, 35% operating cash flow		59,475		118,950
2021 - 2023 Performance RSUs	Varies	2023	25% RTSR, 40% sales growth, 35% operating cash flow		67,569		135,138
2022 - 2024 Performance RSUs	February 10, 2022	2024	35% RTSR, 35% sales growth, 30% operating cash flow		77,862		155,724
Focus 2025 Performance RSUs	Varies	2024	Cumulative revenues of $750 million over a trailing four-quarter period		53,650		53,650
Total					260,306		466,962